Nigeria - Production of Palm Oil
Since 2015, Nigeria Production of Palm Oil rose 6% year on year. In 2020, the country was number 5 among other countries in Production of Palm Oil at 1,280 Thousand Metric Tons. Nigeria is overtaken by Colombia, which was ranked number 4 at 1,600 Thousand Metric Tons and is followed by Guatemala with 852 Thousand Metric Tons. Indonesia lead the ranking with 43,500 Thousand Metric Tons in 2020, a growth of 2.4% compared to 2019. Mexico witnessed the best average annual growth at +12.9% per year, while Venezuela witnessed the worst performance at -14.1% per year.
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| Date | Thousand Metric Tons |
|---|---|
| 2020 | 1,280.00 |
| 2019 | 1,220.00 |
| 2018 | 1,130.00 |
| 2017 | 1,025.00 |
| 2016 | 990.00 |
Download all data from 1964 to 2020
How does Nigeria rank in Production of Palm Oil?
| # | 28 Countries | Thousand Metric Tons | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Indonesia
|
43,500.00 | 2020 | +2.4 % | +6.3 % | View data | |
| 2 |
#2
Malaysia
|
19,900.00 | 2020 | +3.4 % | +2.4 % | View data | |
| 4 |
#4
Colombia
|
1,600.00 | 2020 | +6.2 % | +4.7 % | View data | |
| 5 |
#5
Nigeria
|
1,280.00 | 2020 | +4.9 % | +6.0 % | View data | |
| 6 |
#6
Guatemala
|
852.00 | 2020 | +0.0 % | +6.4 % | View data | |